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Performance at the Highest Level: The New NewV set UEL 5000

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Performance at the Highest Level: The New NewV set UEL 5000

hubergroup is launching the new NewV set UEL 5000, the evolution of its two Ink Series within the NewV set range for high-performance applications on coated and uncoated substrates. The improved product impresses with optimal reactivity and color/water stability, elevating the overall performance to a new level.

Delivering top-notch results of the highest quality—this is the promise fulfilled by hubergroup’s new NewV set UEL 5000. The relaunch of the color series NewV set UEL 4000 and UEK 5000 is hubergroup’s latest innovation and is now being introduced across all markets. Successfully tested in Europe and North America, it overcomes challenges where other products falter and delivers optimal results.

NewV set UEL 5000 is suitable for LED-UV and Iron-doped UV offset printing, distinguished by low build-up on impression cylinders after the turn, very high reactivity and fast curing, as well as the rapid establishment of a stable color-water balance. hubergroup’s latest innovation also recommends itself for all types of printing presses with or without color mixers and is ideal for IPA-free printing. The NewV set UEL 5000 features low dot gain, good transfer, and high mechanical film resistance. The colors are compliant with ISO 2846-1 and ISO 12647-2. NewV set UEL 5000 is suitable for laser printing, hot foil stamping, and cold foil lamination (pretrial required) and optimized for NBR and EPDM rollers.

“At hubergroup, our goal is to constantly impress our customers with new innovations. That’s why we continuously evolve our products. However, with NewV set UEL 5000, we deliver more than just a mere advancement. The new color series delivers results of the highest quality. It stands out for its reactivity, color and water stability, and performance at the highest level,” says Patrick Hübel, Director of Global Product and Color Management, hubergroup.

The NewV set UEL 5000 benefits from the insights gained from the color series NewV set UEL 4000 and UEK 5000 and has undergone extensive testing before its market introduction. Initial successful printing trials were followed by fine-tuning and long-term testing. Excellent results were achieved on various machines, often in conjunction with the dampening agent additive Substifix AF 8319-19 from hubergroup. The new NewV set UEL 5000 mastered all challenges and performs even on machines where its predecessors encountered issues. Regardless of the type of printing press and after long-term tests over several weeks in Europe and North America, NewV set UEL 5000 demonstrates excellent results. Numerous customers in the Netherlands, Italy, Poland, and Germany have already been convinced of the advantages of the optimized color series and have switched to it.

NewV set is hubergroup’s UV ink system for offset printing and can be used for various types of commercial printing on absorbent substrates. NewV set demonstrates its special strengths in high-speed UV sheet-fed offset printing machines. It is available for various curing technologies. Its special features include high color intensity, fast, immediate curing, high dampening tolerance, and rapid attainment of color/water stability. It can be used in UV sheet-fed offset printing. Suitable substrates include coated and uncoated papers and boards, as well as thermal papers (after preliminary testing).

https://www.hubergroup.com/in/en/

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Clariant Launches CLARITY Prime. The Digital Service For AI- Powered Optimization Of Catalyst Operation

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Clariant Launches CLARITY Prime. The Digital Service For AI- Powered Optimization Of Catalyst Operation

  • CLARITY Prime adds cutting-edge services to Clariant Catalysts’ service portal, based on real-time plant performance data and visualization for customers
  • The premium edition offers machine-learning based catalyst performance projections and health alerting, as well as advanced technical support
  • Indorama is the first producer to implement the new premium service for the operation of Clariant catalysts at their ammonia plant in Port Harcourt, Nigeria

MUNICH, MARCH 6, 2024

Clariant, a sustainability-focused specialty chemical company, today announced the release of CLARITY Prime, an advanced digital service for syngas plants, an upgrade of its cloud-based service portal CLARITY. Customers subscribing to the premium services benefit from automated catalyst health alerts and machine-learning-based performance projecting tools, combined with advanced technical support to improve the operation of Clariant catalysts. Indorama, as a part of its ongoing digitalization efforts, adds its process knowledge and expertise, becoming the first customer to implement the new CLARITY Prime service at its world-scale ammonia plant in Port Harcourt, Nigeria.

Lorena Oviol, Head of Applied Catalyst Technology at Clariant, commented, “CLARITY Prime is available for ammonia, methanol, and hydrogen producers and empowers our customers to forecast catalyst performance by combining actual data with predictive scenarios. This allows informed decision-making to improve catalyst operations based on desired timelines and economic considerations. Our advanced tools and services promise to give customers the edge they need in today’s competitive market. We are delighted to have Indorama as the first reference for our new service and look forward to our continued, successful collaboration.”

Deepu Sivadas, Chief Technical Officer & Director at Indorama Eleme Fertilizer & Chemicals, added, “Our plants are based on state-of-the-art technology, and we believe that digital solutions play a key role in supporting our plant teams to continuously optimize our operation. The initial implementation of CLARITY at our plant was a perfect match for our digitalization strategy as it enhanced the collaboration with Clariant’s catalyst experts. We are excited about the new capabilities of the CLARITY Prime services and with our expertise in safe and efficient operations, we will collaborate and contribute to even further enhancing this digital service to provide a powerful tool for future users.”

Indorama Eleme Fertilizer & Chemicals, a subsidiary of the Indorama Corporation, operates the world’s largest single-train ammonia plant in Nigeria and is the largest fertilizer producer in Sub- Saharan Africa. Its expansive production complex includes two ammonia plants with a capacity of 2,300 metric tons per day, and two urea plants producing 4,000 metric tons per day.

CLARITY Prime is a cutting-edge software solution combining enhanced customer support and advanced technology. The platform’s “Catalyst Health Alerting” service comprises numerous algorithms that continuously scan for deviations related to catalyst operation and automatically notify customers with guidance and mitigation solutions. Another important feature is the “Catalyst Performance Projection Tool,” which uses machine learning to analyze current and historical operating data and catalyst activity to predict future performance. The interactive tool can be used to evaluate multiple “what if” scenarios and/or identify risks and optimization potentials. Through the platform’s superior service, customers receive dedicated and comprehensive expert support, reviews, and catalyst performance evaluations. CLARITY Prime is available for any plant using Clariant’s ammonia, methanol, or hydrogen plant catalysts, independent of process technology.

Learn more about Clariant’s digital service portal, CLARITY.

https://www.clariant.com/en/

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Wire Mexico Debuts in Monterrey in January 2024

Wire Mexico Debuts in Monterrey in January 2024

For the first time now wire Mexico was staged as part of the well-established Mexican trade fair Expo Manufactura at the CINTERMEX Centro Internacional de Negocios in Monterrey. 51 exhibitors from 12 countries came to Monterrey for three days to experience the debut of the new Mexican trade fair for wire and cable live. 580 square metres were occupied in total.

“A great result confirming our decision to bring a wire Mexico to life on the growth market Mexico,” delights  Daniel Ryfisch, Director wire, Tube & Flow Technologies at Messe Düsseldorf.

Economic policy agreements such as the EU-Mexico Agreement ease trade between the EU and Mexico. This makes duty-free trade in goods possible.

Increasing investment in Mexican infrastructure is driving national demand for wire, cables and accessories.

Machinery, plants and products for the Mexican automotive, electronics and energy industries are also in demand in the neighbouring countries of Central and South America.

The next wire Mexico will again be held in Monterrey in 2025.

https://www.wire-tradefair.com/

#modernplasticsindia #indianplasticmagazine #modernplasticsaward #plasticnews   #modernplasticsgermany #ginujoseph #modernplastic #plasticindia  #plasticrecycling #sustainability #modernplasticsglobalnetwork #modernglobalnetwork #modernplasticsaward2023 #plasticmagazine #PlasticIndustry  #modernplasticsmiddleeast #indianmagazine #innovations #modernplasticsamerica #modernplasticsbangladesh #modernplasticsasia #modernplasticsitaly 

Constantia Flexibles Wins Three Prestigious WorldStar Packaging Awards 

Constantia Flexibles wins three prestigious WorldStar Packaging Awards

Constantia Flexibles has been recognized with three prestigious WorldStar Packaging Awards, celebrating their outstanding sustainable packaging innovations, which include the remarkable EcoLam HighPlus, a mono-material laminate boasting exceptional barrier properties, and EcoLam, also a mono-PE substrate. Securing victories in the categories of ‘Packaging Materials and Components,’ ‘Household,’ and ‘Health and Personal Care’ underscores Constantia Flexibles’ expertise and innovation capabilities in the industry. These groundbreaking solutions are designed to replace non-recyclable packaging across various applications, from wet wipes to fabric softener pouches. One of these awards is shared with a customer, marking a significant achievement in advancing sustainable packaging and promoting recyclability within the industry.

“Winning the WorldStar Award three times reflects our commitment to innovation, more sustainable flexible packaging solutions, and thriving brand collaborations. We are very proud of this triple award, as it also showcases the versatility and performance of our EcoLam product family.”, stated Marc Rademacher, Executive Vice President Consumer Commercial at Constantia Flexibles.

EcoLamHighPlus: two categories conquered
Constantia Flexibles won with its mono-material superstar EcoLamHighPlus in both the Household and Health & Personal Care categories. The lightweight mono polyethylene (PE) laminate is suitable for a great variety of packaging applications. It exhibits an exceptionally strong resistance to oxygen and water vapor, nearly equivalent to a polyethylene terephthalate-aluminum-polyethylene (PET/ALU/PE) triplex laminate. This renders it an ideal eco-friendly substitute for various purposes, including packaging for wet wipes, nuts, baby food, fruit juices, and coffee. Constantia Flexibles opted for PE as the base laminate due to its compatibility with well-established recycling systems and the existing market for recycled material (PCR). This choice ensures its integration into the circular economy. To confirm its recyclability, the laminate underwent certification through the RecyClass validation process.

EcoLam: setting a new standard in packaging innovations
In collaboration with a customer in South Africa, Constantia Flexibles’ team has been honored with a prestigious WorldStar Packaging Award for their entry, “Comfort Fabric Softener and Sunlight Fabric Softener Pouches,” in the ‘Packaging Materials and Components’ category, marking a significant milestone in Constantia Flexibles’ history.

EcoLam, the innovative laminate used in these pouches, is a recyclable mono PE laminate that boasts great printability. It is manufactured in South Africa at the Constantia Flexibles plant Constantia Afripack and is made from oriented polyethylene (OPE), with a specialized extrusion process to facilitate easy processing of the mono-material. EcoLam offers high optical clarity, enhanced thermal resistance, multiple sealing options, easy-tear openings, and recyclability. The pouches also mark the debut of a fragrance release pouch for these products, enhancing the user experience by allowing customers to experience the product’s delightful scent.

Constantia Flexibles is proud to have played a pivotal role in advancing more sustainable packaging solutions and is grateful for the recognition received through the WorldStar Packaging Award. The company’s previous accolades, the GreenStar Award and the Goldpack Award, enabled its eligibility to submit entries for the WorldStar Award.

www.//grayling.com

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Construction of Electricity Highways Picks Up Pace

Construction of Electricity Highways Picks Up Pace

The energy transition is increasingly being viewed in European terms. This is because it must guarantee secure, cross-border generation of electricity from renewable energies. One successful example is the Nord Link connection between Germany and Norway. And more will follow as the construction of electricity highways worldwide is picking up pace. Major orders await cable manufacturers.

At first glance, the 700-kilometre-long Sued Link direct current line from northern to southern Germany is just a connection to transport the energy generated by wind power in the north to Bavaria and Baden-Württemberg. But, according to the German Federal Network Agency, it also facilitates – together with Nord Link – integration into the European transmission grid. This means, for example, that hydropower from Scandinavia and the Alpine countries can be combined with German wind power and photovoltaics. The go-ahead for the construction of Sued Link has now been given, and the line is scheduled to come into operation in 2028.

Only proven quality
The 540-kilometre-long, extra-high voltage ‘SuedOstLink’ line between Saxony-Anhalt and Bavaria also contributes to system stability in the German-European transmission grid. The EU has also identified this line, due to be completed in 2027, as a ‘project of common interest’. “This underlines the importance of new electricity highways such as ‘SuedLink’ and ‘SuedOstLink’ for the energy transition,” emphasises the German government. Production of the SuedOstLink HVDC cable system is ready to start, the cable manufacturer reports. Construction of the power line in Thuringia is set to begin in 2024.

Beforehand, the system had to meet the strictest test criteria under the international standards. During the four-month test program, the mechanical robustness and electrical performance of the cable system was investigated, along with the water resistance of its components. According to information from the cable manufacturer Prysmian, the P-laser cable technology it has developed is the first 100 % recyclable, environmentally friendly, high-performance insulation technology based on HPTE (High Performance Thermoplastic Elastomers) “and reduces CO₂ emissions from manufacturing by 30 percent”. Conserving resources is also an important factor in production.

SuedLink – a German megaproject
With a length of 700 kilometres and an investment of ten billion euros, SuedLink is the largest infrastructure project in Germany’s energy transition. It consists of two schemes with a total of four underground cables. They will connect Brunsbüttel and Wilster in Schleswig-Holstein with Großgartach in Heilbronn (Baden-Württemberg) and Bergrheinfeld/West in Schweinfurt (Bavaria). “The extra-high-voltage direct-current transmission employed enables low-loss power transport over long distances. From a purely arithmetical point of view, with its capacity of four gigawatts, SuedLink can supply ten million households,” explains TenneT, the company responsible for the northern section of the SuedLink line. The southern section of the route lies within the area covered by Transnet BW.

SuedLink will have a transmission power of 4 gigawatts, with a cable length of 3,040 kilometres and a total voltage of 1,050 kilovolts. The conductor cross-section of the copper cables is 2,100 mm², and the cables are 13.1 cm in diameter. The cables are designed so that electric fields remain in the cables. Integrated optical fibres enable fault diagnosis and localisation. According to TenneT, a technical service life of 60 to 80 years is assumed for the underground cables. The cables are being made by two manufacturers in five production facilities. Eight cable logistics areas will be laid out along the course of the line, and 465 unwinding sites are planned around the route.

The underground cable for the NordLink route is ready for transport. Photo: ©TenneT

NordLink as a lighthouse project
NordLink has already been completed. This ‘green cable’ enables the exchange of German wind energy with Norwegian hydropower. “NordLink is a lighthouse project and an enormously important building block of the European energy transition, helping to compensate for periods when little renewable energy can be produced (‘dunkelflauten’), while simultaneously making green energy available reliably and affordably in the EU,” TenneT explains. Due to the length of the line, direct current is used to transmit current through the two cables (positive and negative polarities) connected to converter stations at each end. “Direct current is especially suitable for long distances and high transmission capacities,” emphasises TenneT. It has been calculated that NordLink can supply around 3.6 million German households.

However, NordLink is just one part of a future increase in the interconnection of power plants and power lines across Europe and worldwide. The goal is energy security even in the face of an uncertain geopolitical situation, and the expansion of renewable energies. “The more power plants that are connected to each other, the better and more reliably we can compensate for shortages or surpluses of electricity. That is why more and more cross-border connections are being built, and submarine cables are even being planned between continents,” explains Germany Trade & Invest (GTAI).

The submarine cables for NordLink are laid from a ship. Photo: ©TenneT

Major international projects

This is helping the Baltic states to accelerate their decoupling from the Russian electricity system. In the first phase, the domestic grid will be expanded; in the second phase, a direct-current connection between Lithuania and Poland will be established, accompanied by grid reinforcement in the two countries. A new direct, 330-kilometre-long submarine cable to Poland is planned as a cross-border connection.

The Greek electricity grid is being expanded so that it can accept more electricity from renewable sources. Investments in the grid and in storage systems are being made to support this. Most of the funding is going towards connecting the Aegean islands and Crete to the continental electricity grid.

Intercontinental megaprojects are planned. Greece, Cyprus and Egypt are planning an electricity link between Africa and Europe, the EuroAfrica Interconnector. The 1,400-kilometre-long submarine cable will supply green electricity to Europe. GTAI further reports that Greece and Bulgaria intend to establish a second link, approximately 150 kilometres in length.

Up to now, Morocco has been heavily dependent on energy imports. Now there are plans to turn things around: By 2040, it is intended that 70 percent of electricity should come from renewable sources – and this will require new cable connections. The plan to supply Europe with green electricity in the future is also coming to the fore. As part of this, Morocco is building a 1,500-square-kilometre solar and wind farm. A Moroccan-British electricity project will supply the United Kingdom with clean energy from the solar and wind farms via two 1.8-gigawatt high-voltage direct-current (HVDC) submarine cables with a length of around 3,800 kilometres.

The operators’ expectations of the manufacturers of cables and cable-making equipment are therefore enormous – and naturally the manufacturers will be glad to fulfil them.

https://www.wire-tradefair.com/

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Mutual Engineering Aspires to be Among the Top Mold Maker in India

Mutual Engineering Aspires to be Among the Top Mold Maker in India

Indian plastic industry mold producers are aspiring to cater both Indian and the overseas market. The mould makers are keen on expanding their footprints beyond India especially evolving scenario is favouring the expansion considering the  world is looking beyond China to build an alternate supply chain.

“We consider the current phase as the golden period for the tool makers in India, since we hail from the plastics industry, I would urge Indian tool makers to rise up and not only focus on thriving Indian market, but also rise up to serve the global market like Europe or the US as the western world is consciously looking at developing an alternate supply chain to China and this offers great opportunity for India to fill the void and focus on exports besides catering the domestic market,” stated  Drumil J Gandhi, Manging Director, Mutual Engineering Pvt Ltd (MEPL) in an exclusive interview to Modern Plastics at the recently concluded TAGMA Die Mold Exhibition at Mumbai.

He further emphasized, “This is a very exciting time and next five years will see lot of growth and lot of traction in the tool making industry of the country.”

MEPL operates two sites in Vasai (Mumbai) and capacity to build injection moulds ranging from 100-3500T and above. It has expertise in design engineering, series production moulds & moulding services, project management & industrialization.

“We have been building injection molds for the plastics industry for the past 40 years. Our focussed area is auto motive industry and our speciality is large size moulds”

The company caters to automotive and miscellaneous group of industries with application of moulds ranging from auto exteriors, interiors and technical performance parts besides manufacturing molds for other consumer discretionary industries such home appliances, industrial electrical, electronic and medical devices.

Last year has been very successful as MEPL built as many as 12 bumper tools in 12 months.  “We believe no other Indian tool makers have done across multi brands like Toyota, Honda, Stanlentis, Tata Motors & Mahindra.” MEPLs clientele has large client base in the Indian automobile industry catering almost every major auto OEM in the country.

Mumbai headquartered company has positive vibes regarding growth in 2024. “We are very upbeat in the new year, while going into the 2024.”

MEPL greatest strength is its 360 degree approach that focusses on nurturing talent pool and continued focus on customer. “Our vision is to be among the top three 360 degree tooling services companies in India in terms of people practices, customer experience and revenue.”

www.mutualengineering.in

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Sodick Launch Latest Wire Cut EDM Machine With I-Groove Technology in India

Sodick Launch Latest Wire Cut EDM Machine With I-Groove Technology in India

Japanese company called Sodick manufacturing electrical discharge machines (EDM) for application in automotive, medical, aerospace, electrical and electronic industries for the last forty years. EDM uses two oppositely charged electrodes namely a machining electrode and a work-piece, and then bring these electrodes closer in dielectric fluid.

Sodick Technologies India Private Limited (Sodick India) is a subsidiary of Sodick Co., Ltd. Japan. Sodick India, market and provide after sales support for ‘Sodick’ brand Electrical Discharge Machines (EDMs) and automated systems. The company launched its latest Wire Cut EDM machine with i-groove technology at the recently held  TAGMA Die Mold Exhibition at Mumbai.

“We are launching latest Wire Cut EDM machine with latest i-groove patented technology. In our previous models of wire cut EDM machine, wire was just running straight but in this particular EDM model, wire also rotates while running straight, which is a value added feature to reduce the consumption of the wire to get a better part, taper angle, homogenous surface finish etc,” explained Manjunatha K M, General Manager, Sodick Technologies India.

The company retain its core technology in wire cur EDM and Die Sinker EDM machine like linear motor, linear scales improved surface finish, ceramic components on machines for enhancing thermal stability and for consistent accuracy for years;

Commenting on the India market, Manjunatham stated, “The whole world is looking at India, considering having huge potential as it is a growing market, with lot of  foreign direct investment (FDI) is coming to India. Moreover government is also taking positive policy initiatives like PLI (performance linked incentive) in order to bring growth.”

Since Oct 2006., Sodick India team strengthened relationships with Indian clients and established a system to handle significant amount of business in the country, with several offices across the country to regionally balance the customer support.

“We definitely want to be part of the India growth story and continue to offer best technology to the benefit of our cosutomer. Sodick is a solution provider and we are passionate to introduce new technology,” he emphasized.

Sodick believed the show growing year-by-year and provides a platform to launch new products in the Indian market. “Lots of multinationals displayed their latest technology at the show, which is very positive signs for the Indian industry.”

Sodick’ brand Electrical Discharge Machines have been sold in India for the past 30 years, initially through agents and lately through Sodick subsidiaries.

Sodick Co., Ltd was established in Aug 1976, in Midori-ku, Yokohama City, the Sodick Group based on its Total Manufacturing Solution concept.

Sodick Co., Ltd has manufacturing sites based in Japan, Thailand and China.

sodick.com

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Tube 2024: the Oil and Gas Industries are Able to Handle Pressure

Tube 2024: the Oil and Gas Industries are Able to Handle Pressure

1,200 exhibitors, 52,000 occupied square metres in eight exhibition halls – Tube Düsseldorf 2024 is ready for take-off in April!

Visitor registrations are already well above the pre-pandemic level, a clear signal that supply and demand for the world’s leading trade fair for the tube and pipe industry are a perfect match! An exciting supporting programme will accompany the events in the exhibition halls and is available at

www.tube-tradefair.com/en/Programme/Conferences_Forums

Continued success is only possible for those companies which look deeper. A mission statement which applies to the oil and gas industries more than ever today. Increasingly, extracting the natural resources must be executed at depths of up to 10,000 metres in order to obtain a rich yield – the easily accessible oil and gas fields located in the sea, on the other hand, are slowly drying up. The consequence: The requirements increase considerably for pipes through which the media flow upwards.

The development of oil and gas deposits in the deeper sea locations has become one of the biggest challenges for the extraction industry: Pipes have to withstand high pressures, temperatures of up to 300 degrees Centigrade, aggressive media and salt water in the offshore area with ever-increasing depths. At the same time, safety standards and expectations for efficiency remain high. Health and safety at work and environmental protection are also indispensable for the oil and gas industries. So the pressure continues to increase – and in several ways simultaneously.

A case for the experts in the pipe industry

But the oil and gas industries are able to handle pressure. The suppliers of pipework systems will respond to the challenges by supplying optimised designs and a precise selection for materials. The deeper the pipes have to be lowered into the sea and onto the seabed, the lower the weight of the pipe should be. This is also a case for the experts in the pipe industry, who will once again be answering the questions of the trade audience who will be attending at Tube.

Latest trends and highlights from the industrial sectors of wire, cables and tubes will be presented at the world’s leading trade fair of wire & Tube from 15 to 19 April 2024 in Düsseldorf.

www.tradeindia.com

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Plast & Printpack Alger From 4 To 6 March 2024 In Algiers

Plast & Printpack Alger From 4 To 6 March 2024 In Algiers

OE-A Business Climate Survey: Printed Electronics Industry Remains Positive but Cautious in 2024

OE-A Business Climate Survey: Printed Electronics Industry Remains Positive but Cautious in 2024

• Revenue growth of 13 percent projected for 2024 over 2023

• Companies expect growth to continue in 2025: +17 percent

• Strong increase in production investment planned

The results of the latest OE-A Business Climate Survey show slightly lower expectations for 2024 compared to the projections made in the 2023 surveys. However, the decline is at a high level: For 2024,responding association members expect a 13 percent increase in revenue for the flexible and printed electronics industry. “Our industry is even more confident in 2025, with an estimated growth of 17 percent. The relatively young Printed Electronics industry has come a long way in the last 15years. I am convinced that we are on the right track, despite the challenging geopolitical situation,” said Dr. Alain Schumacher, OE-A Vice Chairman and Chief Technology Officer at IEE in Luxembourg. The results of the OE-A Business Climate Survey were presented at the
international press conference at LOPEC 2024 in Munich, Germany. The bi-annual survey is conducted by the Organic and Printed Electronics Association (OE-A), an international working group within VDMA. For each survey, OE-A member organizations from the entire value chain, from R&D to material suppliers to end users, are asked to provide qualitative data on the state of the industry, expected sales development and markets.

The positive picture is reinforced by the fact that 74 percent of respondents expect further growth and development in 2024 (Oct. 2023: 46%). This increase shows that the printed electronics industry is convinced that impulses will come from the targeted end-user industries such as Consumer Electronics, Automotive, Medical & Pharmaceutical and Packaging.

OE-A expects 13 percent revenue growth by 2024

With expected revenue growth of 13 percent, the printed electronics community is slightly
less optimistic than in the fall of 2023 (+18 percent). By 2025, the industry’s outlook
brightens to an expected revenue growth of 17 percent. More than half of the companies expect to increase their investments in production within the next 6 months (53%), while the other half expects to keep investments at a constant level. We see a similarly stable picture for research and development: Half of the companies surveyed plan to increase their R&D activities, while the other half will keep activities stable.

On solid grounds

“We are dealing with a very volatile environment. Some of our key end markets are affected, such as the automotive market. For our industry, this is reflected in fluctuating sales forecasts. In addition to geopolitical crises, high energy costs and inflation are also taking their toll,” concludes Dr. Alain Schumacher. “But thanks to the broad customer and product portfolio of printed electronics, we expect stable percentage growth in 2024 and beyond. The ingenuity of the industry is unbroken, and I look forward to presenting and seeing the results
at LOPEC.”

www.lopec.com

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